Hasbro Considers Relocation to Boston

Hasbro Inc., the iconic toy company based in Pawtucket, Rhode Island for over a century, is exploring the potential relocation of its headquarters to Boston. Company executives have toured multiple downtown Boston office buildings, seeking a 200,000 to 250,000 square-foot space. This potential move comes as Hasbro aims to evolve and better serve its employees and business needs amid financial pressures that have led to significant layoffs. Rhode Island officials, including Governor Dan McKee and Pawtucket Mayor Donald Grebien, are actively working to keep the company within the state, while Massachusetts Governor Maura Healey's team is already engaging with Hasbro executives. The relocation, if it happens, would not be finalized for at least 18 months. Hasbro's decision will significantly impact Rhode Island's economy, where it is one of the largest employers.